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doomdaddyeo
New Member

After I entered the deduction amount shown on my Form 1098 for Mortgage Insurance Premiums (VA Funding fee) the amount in the Fed refund box did not increase. Why not?

 
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KarenL2
Level 5

After I entered the deduction amount shown on my Form 1098 for Mortgage Insurance Premiums (VA Funding fee) the amount in the Fed refund box did not increase. Why not?

This is usually because you either still need to enter more itemized deductions to have an amount over the Standard deduction, or your refund amount has maxed out based on your tax withholding.

What's my standard deduction?

https://ttlc.intuit.com/replies/4208574


How does the itemized deduction differ from the standard deduction?

https://ttlc.intuit.com/replies/3302313



View solution in original post

1 Reply
KarenL2
Level 5

After I entered the deduction amount shown on my Form 1098 for Mortgage Insurance Premiums (VA Funding fee) the amount in the Fed refund box did not increase. Why not?

This is usually because you either still need to enter more itemized deductions to have an amount over the Standard deduction, or your refund amount has maxed out based on your tax withholding.

What's my standard deduction?

https://ttlc.intuit.com/replies/4208574


How does the itemized deduction differ from the standard deduction?

https://ttlc.intuit.com/replies/3302313



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